How much money will i have after 3 years?

[TrainHardDieHard]

Ok, i need some help with a math problem regarding stocks and compound returns.

I start with $8,000. I put in $500 a month into my account. I make 50% per year. (In other words, my portfolio at the end of each year is up 50%.)

At the end of 3 years, how much money will i have?

Please show work and thanks in advance! [img]/images/graemlins/smile.gif[/img]